Gov. Alejandro García-Padilla filed Wednesday at the Legislature the “Puerto Rico Public Corporations Debt Enforcement and Recovery Act,” to create a clear legislative framework to assist financially stressed public corporations overcome their problems “through an orderly, statutory process” that allows them to handle their debts fairly and equitably, while ensuring the continuity of essential services to citizens and infrastructure upgrades.
The U.S. Department of Labor announced Wednesday grants exceeding $154.7 million awarded to 32 states, Puerto Rico and the Cherokee tribal nation through the Job-Driven National Emergency Grant program.
Senate Bill 1160, which proposed eliminating $4.5 million a year in public funding to conventions and groups coordinator Meet Puerto Rico, was drawn from the Senate session late Tuesday night, the entity’s leadership said Wednesday.
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